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June Auto Sales Whiz Past Double-Digits!

Posted on July 20th 2010

Welcome back!

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First the hurried and repeated auto price increase and then the sad news of Maruti’s market share dropping would have been enough for auto sales to drop by, but it has been sound and very much in shape (Read profit).

Yes, you have read that right! The auto sales volume for the month of June has crossed double digits.

We at autoindiaforum.com are committed to provide you tit-bits of all the happenings from the fantasy world of automobiles. In our endeavor to do the same, this is our initiative to present to you the sales report for the month just gone by, i.e., June.

India’s numero uno car maker, Maruti Suzuki’s sales volume increased by a whopping 17.87% during the month at 72,812 units from 61,773 when compared to last June, respectively.

The same can be said for Hyundai which saw a rise in the sales by 18.90 %

The month was historic for Tata as it surpassed Hyundai and reached no 2 ranking of the auto majors following a bloom in its sales of Nano.

Ford also had its victorious figures to spell success following overwhelming responses to its Figo, which has recently crossed the 25,000 units mark recently.

General Motors (GM) also saw its sales climbing over two-folds by registering mammoth sales of 9539 units when compared to 4,492 units last months.

At the quarter level, we grew by 13 per cent but in the month of June vis-à-vis the last June there is de-growth of 13 per cent. This is primarily because of the manufacturing constraints that we had. We have come down to rock bottom stock levels. Well the market appears to be still good I am sure July also will be better,

Mr.Avinash Patankar, senior vice-president at Mahindra & Mahindra (M & M) was quoted as saying.

We take this space to inform our valued patrons that the increase in the demands for newer vehicles and bikes are there, but major issues concerning these auto majors are the supply and delivery issues.

In order to keep winning markets, all auto biggies need to pull up their socks to step the process of supply.

The rule of demand and supply of economy must be corrected at all costs to let the market breathe easy with the enriching balancing of the same.

Keep tracking autoindiaforum.com, your favorite destination for all the tit-bits from the dazzling world of automobiles!

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